Assume a company had net income of $20,000 and 8,000 shares of common stock outstanding the entire year.Also assume there were two potentially dilutive issues outstanding for the entire year: What is diluted earnings per share for this company for the year?
A) $2.50
B) $2.40
C) $2.11
D) $2.00

Question

Assume a company had net income of $20,000 and 8,000 shares of common stock outstanding the entire year.Also assume there were two potentially dilutive issues outstanding for the entire year:  What is diluted earnings per share for this company for the year?
A) $2.50 
B) $2.40 
C) $2.11 
D) $2.00

Quizplus · Accepted Answer

The Answer of Assume a company had net income of $20,000 and 8,000 shares of common stock outstanding the entire year.Also assume there were two potentially dilutive issues outstanding for the entire year:  What is diluted earnings per share for this company for the year?
A) $2.50 
B) $2.40 
C) $2.11 
D) $2.00

Assume a Company Had Net Income of $20,000 and 8,000